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Premier Hotel Realty

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Pompano Beach, FL
Premier Hotel Realty

Premier Hotel Realty is a Florida based commercial real estate brokerage company specializing in the sale of income producing properties.

12/31/2024

Big thanks to the community and real estate community for this recognition in 2024:

07/19/2024

Premier Hotel Realty is proud to announce the launch of an auction alternative to sell your commercial property fast and as-is.

Contact Rick for more information.

07/18/2024

PRICE REDUCED The El Mar Boutique Hotel l WAS: $6,000,000 -->>NOW:: $5,700,000

📍Located in Lauderdale-By-The-Sea, the Elmar is a two-story, 6,221-SF oasis escape just minutes from the beach.

Investment Highlights Include:
▪️ Recently renovated
▪️ Modern and luxurious rooms
▪️ Outdoor area
▪️ Heated, outdoor pool
▪️ BBQ area
▪️ Bicycle access
▪️ Hi-speed Wi-fi

Check out the El Mar listing here https://bit.ly/3FWLe85 or contact 📱 for more information.

06/21/2024

JUST LISTED | Steps from the beach

Sunny Shores Inn & Suites l 4213 El Mar Dr, Lauderdale-by-the-Sea l Price: $3,600,000

📍Sunny Shores Inn & Suites is located on beautiful El Mar Drive in the heart of Lauderdale-By-The-Sea just steps from the beach.

The property features six well-appointed, one-, two-, and four-bedroom apartment-style suites.

📌 Four of the six suites have long-term leases with varying expiration dates ranging from July 2024 - February 2025.

📌Rent roll available upon request.

Investment Highlights:
▪️ On-site parking and laundry facility
▪️ Excellent location
▪️ Pool, terrace, and patio area
▪️ Suites are fully furnished and include kitchens

➡️ For more information on Sunny Shores Inn & Suites, DM or check out the property listing here: https://bit.ly/4dLoOGc

06/19/2024

📌A1A Redevelopment Opportunity | PRICE: $11,300,000

*PRICED BELOW APPRAISED VALUE

Situated on A1A, the 42,000-square-foot parcel is just steps away from the beach.

Highlights Include:
▪️ Zoned for Condominium/Multifamily
▪️ Steps from the beach
▪️ Close to shops & restaurants
▪️ Potential development incentives
▪️ High growth area

📌 This well-located site offers an excellent opportunity for an investor seeking to redevelop on prime Florida real estate.

➡️ For more information on this listing, contact me or check out the property listing here: https://bit.ly/48fHB8I

* IMPORTANT NOTE: Contact Rick Tobin for a site visit or any inquiries. Do not contact the owner directly or visit the site without an appointment. Doing so will compromise your commission.

06/14/2024

📌 According to STR for the week of May 19-25, 2024, U.S. hotel performance KPIs show:

▪️ Occupancy increased by +1.6% from 2023 to 67.7%.
▪️ The average daily rate increased by +2.3% over 2023, to $160.67.
▪️ Revenue per available room increased by +3.9% from 2023 to $108.73.

📌 Among the Top 25 Markets:

Houston reported the highest YOY increases in occupancy and RevPAR.
▪️ Occupancy increased +20.9% to 74.1%.
▪️ RevPAR increased +29.2% to $89.15.

Las Vegas posted the only double-digit increase in ADR of +10.9% to $217.53.

Detroit and San Francisco posted the steepest RevPAR declines.
▪️ Detroit with a decrease of -13.0% to $80.20.
▪️ San Francisco with a decrease of -8.3% to $136.79.

Read more here: https://bit.ly/3x3vdvK

06/12/2024

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06/07/2024

FOR SALE: The El Mar Boutique Hotel l PRICE: $6,000,000

📍Located in Lauderdale-By-The-Sea, the Elmar is a two-story, 6,221-SF oasis escape just minutes from the beach.

Investment Highlights Include:
▪️ Recently renovated
▪️ Modern and luxurious rooms
▪️ Outdoor area
▪️ Heated, outdoor pool
▪️ BBQ area
▪️ Bicycle access
▪️ Hi-speed Wi-fi

Check out the El Mar listing here https://bit.ly/3FWLe85 or contact 📱 for more information.

06/05/2024

📌 According to CoStar’s data for the month April, U.S. hotel performance showed positive YOY comparisons.

▪️ Occupancy increased by +1.2% from 2023 to 65.2%.
▪️ The average daily rate increased by +0.8% over 2023, to $157.31.
▪️ Revenue per available room increased by +2.0% from 2023 to $102.51.

📌 Among the Top 25 Markets:

New York City reported the highest occupancy, ADR, and RevPAR.
▪️ Occupancy increased +2.8% to 84.4%.
▪️ ADR increased +2.6% to $298.98.
▪️ RevPAR increased +5.5% to$252.46.

The lowest occupancy for the month was posted by:
▪️ Detroit with 58.9%.
▪️ Minneapolis with 59.3%.

The top 25 markets posted higher ADR and occupancy rates than all the other markets.

Read more here: https://bit.ly/3VuBwlE

05/29/2024

📌 According to STR for the week of April 28-May 4, 2024, the U.S. hotel performance shows:

▪️ Occupancy decreased by -0.8% from 2023 to 64.4%.
▪️ The average daily rate increased by +1.3% over 2023, to $159.97.
▪️ Revenue per available room increased by +0.5% from 2023 to $103.09.

📌 Among the Top 25 Markets:

Seattle reported the largest YOY occupancy increase of +8.1% to 69.4%.

Dallas posted the highest ADR increase of +5.8% to $134.33.

Atlanta and San Francisco posted the steepest RevPAR declines.
▪️ Atlanta with a decrease of -12.7% to $85.87.
▪️ San Francisco with a decrease of -12.5% to $123.02.

Read more here: https://bit.ly/3ywz58Q

Address

1600 S Federal Highway, Ste 900
Pompano Beach, FL
33062

Opening Hours

Monday	9am - 5:30pm
Tuesday	9am - 5:30pm
Wednesday	9am - 5:30pm
Thursday	9am - 5:30pm
Friday	9am - 5:30pm

Telephone

+19545435411

Website

http://www.PremierHotelRealty.com/

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